Group 1 REPORTER Management
Group 1 REPORTER Management
UNDERSTANDING
MANAGEMENT,
MANAGERIAL ROLES,
SKILLS AND FUNCTION
UNDERSTANDING
MANAGEMENT
MANAGEMENT MANAGEMENT
IN BUSINESS GOAL
Chronic Stress
PLANNING
Chronic Stress
MANAGEMENT IN
BUSINESS
Defined by contemporary scholars, is
the art and science of coordinating
resources to achieve organizational
objectives efficiently and effectively.
According to Stephen P. Robbins and
Mary Coulter(2019)‚ it involves four
key functions: planning, organizing‚
leading, and controlling.
MANAGEMENT GOAL
Emphasizes that
effective planning
requires managers to
anticipate future
conditions‚ identify
resources‚ and develop
strategies to meet
organizational
objectives.
Peter Drucker
NOBLE SCHOLAR
AND AUTHOR
PETER DRUCKER
As an management theorist‚
defined management as “the
art of getting things done
through people.”
Stoner defined management
JAMES A.F. as “the process of planning‚
STONER organizing‚ leading‚ and
controlling the work of
organization members and of
using all other organizational
resources to reach stated
organizational goals."
IMPORTANCE OF
MANAGEMENT
Information Roles
Decisional Roles
Additional Roles in
Modern Management
INTERPERSONAL ROLES
Mintzberg’s Managerial
Roles:
Henry Mintzberg identified
these roles in his classic
framework, emphasizing
the diverse nature of
managerial
responsibilities.
THE TEN
MANAGEMENT ROLES
OF HENRY
MINTZBERG’S
Figurehead Leader
Liaison Monitor
Disseminator
Spokesperson Entrepreneur.
Disturbance Resource
Handler Allocator
Negotiator
MANAGEMENT BY
OBJECTIVES (MBO):
Focuses on setting specific
objectives and performance
metrics, aligning managerial
roles with goal achievement.
TRANSFORMATIONAL
LEADERSHIP:
Emphasizes roles related to
inspiring and motivating teams
to achieve beyond ordinary
expectations.
MANAGERIAL SKILLS
are essential for effectively leading
and guiding teams and
Organizations. They can be
categorized into several key areas
TECHNICAL SKILLS:
Specialized Knowledge:
Expertise in a specific area
related to theorganization’s
Like finance, IT.
Problem-Solving: Ability
to analyze complex
situations and develop
practical knowledge
HUMAN SKILLS
(INTERPERSONAL
SKILLS):
Communication:
Effective verbal and written
communication to convey ideas.
Empathy:
Understanding and addressing
the needs and feelings of team
members.
Team Building:
Creating a cohesive team by
facilitating collaboration,
resolving Conflicts.
CONCEPTUAL SKILLS
Strategic Thinking:
Ability to understand and develop
long-term plans and goals, and
See the big picture.
Analytical Skills:
Evaluating complex situations,
identifying patterns, and making
Informed decisions.
Innovation:
Thinking creatively to develop new
ideas.
LEADERSHIP SKILL
Visionary Leadership:
Inspiring and guiding the team with a
clear vision and direction for the future.
Motivation:
Encouraging and energizing team
members to achieve their best
performance and stay engaged.
Decision-Making:
Making timely and effective decisions
based on available information and
analysis.
ORGANIZATIONAL SKILLS:
Time Management:
Prioritizing tasks, managing schedules,
and delegating responsibilities
efficiently.
Resource Management:
Allocating resource effectively including
budget personal, and materials to
achieve objectives.
Project Mangement:
Planning executing, and oversecing
project to ensure they are completed on
time and within scope.
ADAPTABILITY SKILLS
Flexibility-
Adjusting to changes in the
environment, Industry, or
organizational needs
Resilience -
Handling stress, and
setbacks Constructively,
maintaining performance
under pressure.
LEADING (OR DIRECTING)
•Motivating:
•Communicating:
•Delegating:
•Conflict Resolution:
•Performance Monitoring:
•Evaluating:
•Correcting:
•Reporting:
Providing regular updates and feedback on
performance and progress to stakeholders.
DECISION-MAKING
•Identifying Issues:
Recognizing problems or
opportunities that require action.
•Analyzing Options:
Evaluating potential solutions or
courses of action.
•Making Choices:
Selecting the best option based
on analysis and available
information.
•Implementing Decisions-
Executing the chosen course of
action and monitoring its
effectiveness.
STAFFING
•Recruitment - Attracting and
hiring qualified individuals to fill
positions within the organization.
•Performance Appraisal -
Evaluating employee performance
and providing feedback to support
development and growth.
INNOVATION
MANAGEMENT
•EncouragingCreativity-
Fostering an environment
where new ideas and
approaches are welcomed.
•ImplementingChanges:
Introducing and managing
new processes, products, or
technologies to improve
organizational performance.
BUDGETING
•Definition -The process of
planning and managing
financial resources to ensure
that the organization’s
objectives can be met.